UGA hit a new 52-week high as gasoline prices surged on Middle East tensions. Can the momentum continue?
The United States Gasoline Fund LP ETF trades above $100, reflecting seasonal gasoline price strength during the 2026 driving season. Gasoline futures and refining spreads remain elevated, but the forward curve signals significant price declines into the 2026/2027 offseason. UGA faces substantial downside risk post-driving season, with ETF grades highlighting high momentum but poor risk and expense metrics.
Gasoline prices are projected to be among the lowest in recent decades for the holiday, putting UGA in focus.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 6,164 | $634,710 | $688,210.6 | $53,500.6 | 8.43% |
| RS Ramu Singh CALTON & ASSOCIATES Inc. | 6,587 | $679,064.44 | $735,932.57 | $56,868.13 | 8.37% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 3,058 | $288,051.91 | $360,660.52 | $72,608.61 | 25.21% |
| SHF Second Half Financial Partners LLC Second Half Financial Partners LLC | 2,439 | $251,921.57 | $287,655.66 | $35,734.09 | 14.18% |
Benjamin J. Jones National Wealth Management Group, LLC | 5,742 | $340,417.58 | $677,211.48 | $336,793.9 | 98.94% |
| ARCA Exchange | US Country |
The company operates in the commodities investment sector, focusing specifically on the futures market for various petroleum-based fuels. By investing in a range of futures contracts such as gasoline, crude oil, diesel-heating oil, natural gas, and other petroleum-based fuels, the company aims to capitalize on fluctuations in the commodities market. It uses a strategic approach to select the Benchmark Futures Contract, primarily the near-month gasoline futures contract traded on the New York Mercantile Exchange. However, it shifts to the next month's contract when the near-month contract is close to expiration. This methodology helps in maintaining a consistent investment strategy that is responsive to market conditions.
The company invests in near-month futures contracts for gasoline, traded on the New York Mercantile Exchange. This investment is pivotal to its strategy, offering exposure to gasoline price movements.
Investments in futures contracts for crude oil play a significant role in the company's portfolio, allowing it to speculate on or hedge against future price changes in crude oil.
By investing in futures contracts for diesel-heating oil, the company diversifies its investment portfolio, tapping into the industrial and home heating market.
The company also participates in the natural gas futures market, which enables it to speculate on or hedge against fluctuations in natural gas prices.
Expanding beyond the core commodities, the company invests in futures contracts for other petroleum-based fuels, broadening its scope and potential for profitability in the energy sector.